Taiwan

Evaluating the market in Taiwan

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

Open on restricted basis

What this means:

Responsive approach to business

EDC solutions are available on a restricted basis

How does EDC determine the position?

EDC takes the following into account when determining the position in a given market:

Government of Canada restrictions

Political, human rights and corruption risks

Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters

Risk Rating

Low Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

The CCC risk rating is impacted by the Sovereign Probability of Default (ability and willingness to honour financial obligations), political risks, and other mitigating or worsening factors.

Business environment in Taiwan

Taiwan, officially the Republic of China (ROC), is an export-driven economy that benefits from a well-functioning legal framework and a tradition of private-sector entrepreneurship. The market boasts high-quality infrastructure and a well-educated workforce, making it an appealing destination for Canadian investment. Located at the heart of the Asia-Pacific region, Taiwan's strategic position allows companies to springboard into Mainland China and the vast lucrative markets of Southeast Asia.